Loading...
Paper Type
ERF
Description
Data has become an important asset for businesses, and it is crucial to understand its value. The valuation of data is an important step in leveraging the potential of data as an asset. It helps companies to use data effectively and adapt their strategies accordingly. A distinction must be made between valuation and pricing. Valuation refers to the process of determining the objective value of an asset based on factors, such as comparable transactions, future cash flows or market trends. Pricing, in contrast, refers to the process of setting a price for a product offered in the market. The research paper at hand aims at an investigation of factors and methods for data valuation. Thus, a structured literature review is conducted to identify a framework to classify data valuation methods and influencing factors on the value of data.
Paper Number
1490
Recommended Citation
Pohl, Matthias; Haertel, Christian; Staegemann, Daniel; and Turowski, Klaus, "Data Valuation Methods - A Literature Review" (2023). AMCIS 2023 Proceedings. 1.
https://aisel.aisnet.org/amcis2023/asys/sig_asys/1
Data Valuation Methods - A Literature Review
Data has become an important asset for businesses, and it is crucial to understand its value. The valuation of data is an important step in leveraging the potential of data as an asset. It helps companies to use data effectively and adapt their strategies accordingly. A distinction must be made between valuation and pricing. Valuation refers to the process of determining the objective value of an asset based on factors, such as comparable transactions, future cash flows or market trends. Pricing, in contrast, refers to the process of setting a price for a product offered in the market. The research paper at hand aims at an investigation of factors and methods for data valuation. Thus, a structured literature review is conducted to identify a framework to classify data valuation methods and influencing factors on the value of data.
When commenting on articles, please be friendly, welcoming, respectful and abide by the AIS eLibrary Discussion Thread Code of Conduct posted here.
Comments
SIG ASYS